WiseGuyReports announced addition of new report, titled “Learning Management System -Market Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2022”.

A learning management system, or LMS, is a collaborative platform used to manage online learning or e-learning courses. It’s a software application which provides education outside the class rooms, where learner and trainer interact through online portals and platform provided. LMS is highly used in university now even it’s made mandatory and growing rapidly worldwide. Its help trainers to track, deliver educational material, admin and discuss with learner over the forums. We are in era of digital world where students get trained and educate themselves without interaction in physical classroom. Learning management system provides flexible and continuous learning platform for self-improvement. Businesses like small scale, large scale, big enterprise, MNCs and government agencies are also implementing this application.

The report study say that Learning Management System market is expected to grow from $4.27 billion in 2015 to $17.08 billion by 2022 at a CAGR of 21.9%.

LMS has wide range of product, which is for self-improvement; they are as follow administration, communication and collaboration for trainer and learner so they can interact. Depend on what course or what anyone wants to study according to those online courses are provided. Student goes through regular base assignments and exam which help to keep a track of their performance which is said as "performances Management". Other product includes Mobile and Social Learning, Content Management and Talent Management etc.

According to research report, North America and Europe are anticipated to be the leading markets in terms of market size, during forecast period. The corporate sector is the major market segment during this period. The increasing demand for cost-efficient training solutions among enterprises is a considerable factor that results in this segment’s notable market share of more than 65% by 2020.

The research reports provide further details about application cloaked by LMS are Virtual Instructor Training, Distance Learning, Technology Training, Deployment Types Covered, and Software-as-a-Service. User base wide because it cover all type student from each and every sectors which are as follow: Corporate, Small and Medium Enterprises, Large Enterprise, Verticals, Academic, K-12 and Higher Education.

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